- Shinko Electric’s forecast operating income is lower than expected at 44.00 billion yen, below the 49.72 billion yen predicted.
- The company’s net income projection is also below estimates at 30.00 billion yen, compared to the estimated 35.03 billion yen.
- The forecast for Shinko Electric’s net sales is 250.00 billion yen, while the estimated value was 258.36 billion yen.
- The projected dividend for the company is 0.0 yen, coming up short against a predicted 46.00 yen.
- Results from the fourth quarter show an operating income of 6.81 billion yen, increased by 23% year-over-year but missing the estimate of 9.45 billion yen.
- The net income in the fourth quarter reached 5.23 billion yen, an increase of 31% year-over-year, but still short of the estimated 7.88 billion yen.
- Meanwhile, net sales decreased by 0.9% year-over-year to 53.33 billion yen, falling short of the estimated 57.74 billion yen.
- The market perspective according to various evaluations include 5 buys, 4 holds, and 1 sell.
Shinko Electric Industries on Smartkarma
Analyst coverage of Shinko Electric Industries on Smartkarma reveals varying sentiments among independent analysts. Arun George, in the report “Merger Arb Mondays,” highlights Shinko’s 7.3% spread and identifies it as one of the higher spreads in the market. Additionally, Arun George‘s report “Shinko Electric (6967 JP): Widening Spread Is an Opportunity” presents a bullish sentiment, suggesting that the current 7.0% spread presents an attractive opportunity to add to positions, despite risks related to China SAMR approval timing.
Contrastingly, analyst Travis Lundy‘s report “Shinko Electric (6967) – Break/Gap Risk Update” takes a bearish stance, emphasizing concerns about the deal settlement timeline and the potential impact of China delay risks. Lundy expresses a rather cautious sentiment regarding Shinko Electric, indicating that while the spread is acceptable, there are uncertainties surrounding the deal. Overall, the analyst coverage on Smartkarma provides investors with a range of perspectives to consider when evaluating Shinko Electric Industries as an investment opportunity.
A look at Shinko Electric Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SHINKO ELECTRIC INDUSTRIES CO., LTD., known for designing and manufacturing advanced electronic materials worldwide, has a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score in resilience and growth, the company is positioned to weather market fluctuations and sustain consistent expansion. Additionally, its momentum score indicates positive market momentum, reflecting potential for further growth. Although its value and dividend scores are average, the company’s overall outlook seems stable and optimistic for the future.
Company Description: SHINKO ELECTRIC INDUSTRIES CO., LTD. specializes in the design, manufacture, and global marketing of advanced electronic materials, including semiconductor packages like leadframes and PLP. With an extensive network of sales offices in various countries such as the Philippines, Germany, and Hong Kong, the company has established a strong presence in the worldwide market for electronic materials.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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